Glenmont, Albany County, New York Property Taxes
Median Glenmont, NY effective property tax rate: 2.59%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Glenmont, NY home value: $312,907
Median annual Glenmont, NY tax bill: $7,416, $5,016 higher than the national median property tax bill of $2,400.
How are property taxes in Albany County calculated?
Property taxes in Glenmont, NY are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Glenmont’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Glenmont, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Glenmont, Albany County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.59%
Estimate Property Tax Bill
$8,104
$7,521
Property Tax Rates Across Glenmont, Albany County, New York
Local government entities in New York set property tax rates, which can vary significantly across the state. Each year, counties like Albany estimate their budgetary needs for public services and divide this by the total assessed value of all taxable properties within their boundaries. This process determines the property tax rate. Although laws and public votes play a role in establishing these rates and budgets, this annual procedure is the essence of how it operates.
In Glenmont, located in Albany County, the effective property tax rate stands out. When comparing Glenmont's rate to other cities in New York, it is evident that Albany County has one of the highest property tax rates in the state. The median property tax rate in New York is considerably higher than the national average of 1.02%. This means residents in Glenmont and Albany County generally face higher property tax bills compared to many other areas in the country. Understanding these local variations is crucial for property owners seeking to manage their tax liabilities effectively.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Glenmont Tax Rate
2.59%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Albany County Tax Rate
2.39%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Glenmont, Albany County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12077 | 0.81% | 2.30% | 2.59% | 2.71% | 2.76% |
Source: Ownwell
Property Tax Assessment Values Across Glenmont, Albany County, New York
When examining property taxes in Glenmont, NY, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Albany County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Albany County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Glenmont. For example, the median home price in Glenmont is $312,907, with tax bills ranging significantly across the county. Zip code 12077 has the highest median home price at $312,907.
Property Tax Assessment Values Across Glenmont, Albany County, New York
Source: Ownwell
$94,079
$238,900
$383,721
Median Glenmont Market Value
$312,907
Median Albany County Market Value
$213,453
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Glenmont, Albany County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12077 | $191,860 | $241,744 | $312,907 | $389,535 | $479,128 |
Source: Ownwell
Property Tax Bills Across Glenmont, Albany County, New York
In Glenmont, located in Albany County, NY, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Glenmont is $312,907, contributing to a median property tax bill of $7,416, which is significantly higher than the national median of $2,400. This discrepancy highlights the substantial impact of property taxes on homeowners in this region. The tax bill can vary widely, with the 25th percentile at $4,906 and the 90th percentile reaching $12,848, reflecting differences in property values and tax rates within the area.
Factors such as property size, location, and market conditions play a critical role in determining the assessed value, which directly influences the tax bill. For homeowners looking to reduce their tax burden, Ownwell offers expert property tax appeal services. By analyzing property assessments and identifying potential discrepancies, Ownwell helps homeowners secure fairer tax rates, ensuring they do not overpay on their property taxes.
Median Glenmont Tax Bill
$7,416
Median Albany County Tax Bill
$4,990
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Glenmont, Albany County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12077 | $2,506 | $4,906 | $7,416 | $10,232 | $12,848 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Albany Assessment Review Commission | |
| Website | albany.sdgnys.com |